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Rafferty Asset Management, LLC

CIK:0001389426
Asset Manager
$55B AUM
1,077 holdings
New York, NY, US
Founded:1997
43 employees
Latest filing:Jun 30, 2025

Rafferty Asset Management, LLC is a New York-based investment adviser firm founded in 1997. As of 2025, it manages a substantial asset base with a team of approximately 43 employees. The firm is best known as the manager behind Direxion, specializing in offering leveraged and inverse ETFs, as well as other equity and fixed income investment solutions for institutional and retail investors. The company serves primarily investment companies and institutional clients, operating with full SEC registration.

Investment Strategy

Rafferty Asset Management focuses on managing a variety of exchange-traded funds (ETFs), notably through its Direxion brand, offering both leveraged and inverse ETFs that provide magnified exposure to equity, fixed income, and alternative asset classes. The firm's investment philosophy leverages quantitative techniques and financial derivatives to provide sophisticated investment products for tactical traders, institutional investors, and financial professionals seeking directional or hedged exposure to broad or niche market trends.

Latest 13F Filing Activity

Rafferty Asset Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 1,066 equity positions with a total 13F market value of $30B. The fund increased holdings in Nvidia Corporation, Advanced Micro Devices Inc., Broadcom Inc. among other positions. Rafferty Asset Management, LLC reduced exposure to Ishares TR, Ishares TR, Kraneshares Trust among others.

Top Buys
N
NVDANVIDIA CORPORATION
+$703.4M
A
AMDADVANCED MICRO DEVICES INC
+$514.9M
A
AVGOBROADCOM INC
+$504.7M
T
TSLATESLA INC
+$413.0M
M
MRVLMARVELL TECHNOLOGY INC
+$280.2M
Top Sells
F
FXIISHARES TR
-$407.7M
T
TLTISHARES TR
-$314.8M
K
KWEBKRANESHARES TRUST
-$36.7M
B
BRK-BBERKSHIRE HATHAWAY INC DEL
-$20.7M
U
UNHUNITEDHEALTH GROUP INC
-$14.7M

Top Holdings

T
TLTISHARES TR
+11.5%$3.50B
N
NVDANVIDIA CORPORATION
+5.3%$1.61B
I
IWMISHARES TR
+4.8%$1.46B
T
TSLATESLA INC
+4.2%$1.27B
A
AVGOBROADCOM INC
+3.4%$1.04B

Equity Positions (1,066)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
ISHARES TR11.54%$3.50B39,633,839$99.78$88.25-$314.8M
NVIDIA CORPORATION5.32%$1.61B10,209,511$48.32$157.99+$703.4M
ISHARES TR4.80%$1.46B6,747,829$195.08$215.79+$239.4M
TESLA INC4.17%$1.27B3,982,725$281.17$317.66+$413.0M
BROADCOM INC3.45%$1.04B3,789,877$92.51$275.65+$504.7M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+27.3%
SERVICES-PREPACKAGED SOFTWARE
+5.6%
MOTOR VEHICLES & PASSENGER CAR BODIES
+5.4%
NATIONAL COMMERCIAL BANKS
+2.9%
SPECIAL INDUSTRY MACHINERY, NEC
+2.8%

Investment Team (1)

NameRoleLocationLinkedIn
Sean McFarland
Sean McFarland
Vice President, Portfolio Management and TradingNew York, NY , United States